CMS Energy Corporation $CMS Holdings Raised by Cidel Asset Management Inc.

Cidel Asset Management Inc. increased its stake in CMS Energy Corporation (NYSE:CMS) by 7.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 346,729 shares of the utilities provider’s stock after purchasing an additional 24,071 shares during the quarter. CMS Energy makes up 1.5% of Cidel Asset Management Inc.’s investment portfolio, making the stock its 20th largest holding. Cidel Asset Management Inc. owned about 0.11% of CMS Energy worth $25,401,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AE Wealth Management LLC raised its holdings in CMS Energy by 5.8% during the third quarter. AE Wealth Management LLC now owns 244,165 shares of the utilities provider’s stock valued at $17,888,000 after buying an additional 13,481 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in CMS Energy by 379.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 61,861 shares of the utilities provider’s stock valued at $4,532,000 after buying an additional 48,954 shares during the last quarter. Venture Visionary Partners LLC grew its stake in shares of CMS Energy by 769.5% in the third quarter. Venture Visionary Partners LLC now owns 27,521 shares of the utilities provider’s stock worth $2,016,000 after acquiring an additional 24,356 shares during the last quarter. Y Intercept Hong Kong Ltd grew its position in CMS Energy by 64.5% during the third quarter. Y Intercept Hong Kong Ltd now owns 76,654 shares of the utilities provider’s stock worth $5,616,000 after buying an additional 30,061 shares in the last quarter. Finally, Intact Investment Management Inc. raised its stake in shares of CMS Energy by 9.5% in the third quarter. Intact Investment Management Inc. now owns 81,700 shares of the utilities provider’s stock valued at $5,985,000 after purchasing an additional 7,100 shares in the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CMS shares. Jefferies Financial Group lifted their price target on shares of CMS Energy from $79.00 to $81.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Bank of America set a $82.00 price objective on CMS Energy in a research note on Friday, January 30th. Morgan Stanley raised their target price on CMS Energy from $74.00 to $75.00 and gave the stock an “equal weight” rating in a report on Monday, February 2nd. Wall Street Zen lowered shares of CMS Energy from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of CMS Energy in a research note on Wednesday, January 21st. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $78.31.

CMS Energy Stock Up 2.6%

NYSE:CMS opened at $76.71 on Friday. The company has a market cap of $23.50 billion, a PE ratio of 21.73, a PEG ratio of 2.72 and a beta of 0.47. The stock has a 50-day simple moving average of $71.04 and a 200 day simple moving average of $72.29. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.60 and a current ratio of 0.98. CMS Energy Corporation has a 52-week low of $67.71 and a 52-week high of $76.78.

CMS Energy (NYSE:CMS) last announced its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.13 billion. CMS Energy had a net margin of 12.54% and a return on equity of 12.09%. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.87 earnings per share. CMS Energy has set its FY 2026 guidance at 3.830-3.900 EPS. On average, sell-side analysts expect that CMS Energy Corporation will post 3.59 EPS for the current fiscal year.

CMS Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be issued a dividend of $0.57 per share. The ex-dividend date is Tuesday, February 17th. This is a boost from CMS Energy’s previous quarterly dividend of $0.54. This represents a $2.28 annualized dividend and a yield of 3.0%. CMS Energy’s dividend payout ratio is currently 61.47%.

CMS Energy Company Profile

CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.

Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.